This business is a specialty, high-end boutique motel nestled in a picture book setting in thriving and beautiful Northwest Arkansas. Established in the early 1980s, this boutique motel has it all: hardwood floors, jacuzzi king rooms, glassed in atrium, excellent location, bustling town, increasing revenues AND a big cash flow! The business is located in a high tourist area of NWA, has a first-class reputation and has recently undergone a series of remodeling and renovations making it one of the finest establishments in its market. A 2-3 bedroom Owner Living Quarters is located on-site. This is a “can’t miss” opportunity with a cash flowing, prosperous boutique motel! Make it your dream retirement place, your dream job or a profitable real estate investment! The owners are motivated to sell & ready to talk!!
- The 3 Year Average Cash Flow is $96,000!!
- Located in a VERY desirable area with valuable real estate that is sure to increase in value!!!
- The business is currently closed for three months of the year. Stay open year round to immediately and easily increase revenues.
- Add an additional room. There used to be more rooms. One currently is available to convert to a guest room.
- Live on-site & operate yourself – or hire somebody to run it for you as a 2-3 Bedroom Owner Living Quarters is on-site!
- Create a gift store/retail side of the business. Guests have commented on a desire for this in the past.
- Weddings—get in with a local company advertising wedding spots. Have not done this in the past. Another market area to focus on. Small intimate weddings could be had on site.
- Group Events: family reunions, etc – exclusive to rent out entire motel for a special price. The business is doing this in 2018, which it has not done in the past.
Covered parking for bikes to cater to motorbikes
Asking Price: $650,000
Seller’s Discretionary Earnings: $98,696
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